Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Get Free Report) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 15,400 shares, a decline of 36.9% from the October 31st total of 24,400 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 3.4 days.
Global X Blockchain & Bitcoin Strategy ETF Trading Up 1.3 %
Shares of Global X Blockchain & Bitcoin Strategy ETF stock traded up $1.31 on Friday, hitting $99.90. The stock had a trading volume of 2,616 shares, compared to its average volume of 7,161. The stock has a market cap of $37.96 million, a price-to-earnings ratio of -195.88 and a beta of 2.23. Global X Blockchain & Bitcoin Strategy ETF has a 52-week low of $42.51 and a 52-week high of $102.10. The company’s 50 day moving average price is $77.04 and its 200 day moving average price is $70.00.
Institutional Investors Weigh In On Global X Blockchain & Bitcoin Strategy ETF
A hedge fund recently bought a new stake in Global X Blockchain & Bitcoin Strategy ETF stock. Flow Traders U.S. LLC acquired a new stake in Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,024 shares of the company’s stock, valued at approximately $394,000. Flow Traders U.S. LLC owned 1.59% of Global X Blockchain & Bitcoin Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC). 24.54% of the stock is owned by institutional investors.
Global X Blockchain & Bitcoin Strategy ETF Company Profile
The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.
Read More
- Five stocks we like better than Global X Blockchain & Bitcoin Strategy ETF
- How to Buy Cheap Stocks Step by Step
- The Latest 13F Filings Are In: See Where Big Money Is Flowing
- What is the Hang Seng index?
- 3 Penny Stocks Ready to Break Out in 2025
- Profitably Trade Stocks at 52-Week Highs
- FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential
Receive News & Ratings for Global X Blockchain & Bitcoin Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Blockchain & Bitcoin Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
